One World Lithium Provides Default Update
Suite 615-800 West Pender Street, Vancouver, B.C. Canada V6C 2V6 | Telephone 1-604-564-2017
www.oneworldlithium.com
ONE WORLD LITHIUM PROVIDES DEFAULT UPDATE
VANCOUVER, BC – May 15, 2025 - One World Lithium Inc. (CSE-OWLI) (OTCQB-OWRDF) (the “Company”
or “OWL”) is providing a default status report in accordance with the alternative information guidelines
set out in National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”).
On May 1, 2025, the Company announced a temporary management cease trade order (“MCTO”) on the
basis that it was unable to file its annual consolidated financial statements, accompanying management’s
discussion and analysis and related CEO and CFO certifications, for the year ended December 31, 20 24
(the “Annual Filings”) within the extended deadline for filing the same under British Columbia Instrument
51-515 - Temporary Exemption from Certain Corporate Finance Requirements (“BCI 51-515”). The MCTO
was issued by the British Columbia Securities Commission on May 1, 2025 and prohibits the Chief
Executive Officer and Chief Financial Officer of the Company to trade the Company’s securities.
The Company confirms that there have been no material changes to the information contained in the
Default Announcement or any other changes required to be disclosed under NP 12-203.
The Company anticipates that the Annual Filings will be filed on or before J une 30, 2025. The Company
will continue to provide bi -weekly (“every two weeks”) updates, as required by NP 12 -203, until the
Annual Filings have been filed. The Company confirms it will continue to satisfy the provisions of the
alternative information guidelines set out in Sections 9 and 10 of NP 12-203 so long as it remains in default
of the requirement to file the Annual Filings.
About One World Lithium Inc.
One World Lithium Inc. remains focused on properties of merit that may contain lithium. The
Company is also focused on commercial application of its extraction technologies for natural
brine and for slurries made from clay, pegmatite, volcanic rock and sed iment. OWL intends to
license or joint venture its technologies to current and future lithium carbonate producers. For
more information, visit: https://oneworldlithium.com/.
On behalf of the Board of Directors of One World Lithium Inc.,
“Douglas Fulcher”
Douglas Fulcher, CEO and President
For further information please visit www.oneworldlithium.com or email [email protected] or
call 604-564-2017.
Suite 615-800 West Pender Street, Vancouver, B.C. Canada V6C 2V6 | Telephone 1-604-564-2017
www.oneworldlithium.com
Forward-Looking information: This news release includes certain “forward -looking statements” under
applicable Canadian securities legislation. Forward -looking statements include, but are not limited to,
statements with respect to the ability of the Company to file the Annual Filings and the anticipated filing
date thereof. Forward -looking statements are necessarily based upon a number of estimates and
assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties,
and other factors which may cause the actual results and future events to differ materially from those
expressed or implied by such forward-looking statements. Such factors include, but are not limited to that
the Company may experience additional delays as a r esult of closing its previously announced private
placement and be unable to make the Annual Filings as expected or within the times indicated. Although
the Company believes that the expectations and assumptions on which such forward looking information
is based are reasonable, undue reliance should not be placed on the forward looking information because
the Company can give no assurance that they will prove to be correct. Forward looking statements
contained in this press release are made as of the date o f this press release. The Company disclaims any
intent or obligation to update publically any forward looking information, whether as a result of new
information, future events or results or otherwise, other than as required by applicable securities laws.
Readers should consult all of the information set forth herein and should also refer to the risk factors
disclosure outlined in the reports and other documents the Company has filed on SEDAR, available at
www.sedar.com.
Neither the Canadian Securities Exchange nor its Regulation Service Provider (as that term is
defined in the policies of the Canadian Securities Exchange) accepts responsibility for the
adequacy or accuracy of this press release.